The euro accentuated its losses on Thursday against a US dollar galvanized by its status as a safe haven and by the prospect of a stricter US monetary policy, again reaching its lowest level since 2017.
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Suffering like the stock markets from fears of recession and inflation pressure, the euro lost around 12:25 p.m. GMT (2:25 p.m. in Paris) 0.85% to 1.0422 dollars, after having fallen to 1.0389 dollars, a level not seen for five years.
